The bank may establish any additional and further reserves or any other funds or accounts that are, in its discretion, necessary, desirable or convenient to further the accomplishment of the purposes of the bank to comply with the provisions of any agreement made by or any resolution of the bank.
Me. Rev. Stat. tit. 30-A, § 6008
Additional reserves and funds
Known as the Maine Municipal Bond Bank Act
The act spans §§ 5901–6054 (62 sections).
PL 1987, c. 737, §§A2,C106 (NEW)
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.